pradnya
26 July 2020 at 15:29

Exemption U/s 54

I have sold my house property on 29 march 2019 for 75,00,000 /-
I have invested in under-construction property agreement date was 02nd March 2018. Agreement value was 120,00,000/- Possession not yet recd till date.
For filing return of AY 19-20 - Can I claim exemption u/s 54 even though the agreement date is older than 1 year as it is under construction property.


Ajit Gelada

I mr A having turnover of 1.9CR filling return under section 44AD is audit applicable to me ?
But my reciepts from sale are totally in cash what shall be the applicability for audit under sec 44AB ????


pranab sarma
26 July 2020 at 12:23

Excess amount of TDS deducted

By mistake I have deducted TDS @ 10% u/s 194C which actually should be 1% . Now I am preparing TDS return where section and rate to be mentioned . Now what to do ? please suggest and thanks ..


Tarique ahmed

What adjustment is required for inter company owing between Investor and Associate?


suresh
26 July 2020 at 11:06

IT returns

FOR A SENIOR CITIZEN IF HE HAS INTEREST FROM SAVINGS BANK SHOULD THAT BE SHOWN AS INCOME FROM OTHER SOURCES. WILL HE BE ELIGIBLE FOR 80TTA EXEMPTION.

AN AMOUNT OF INR 9800/-CONTRIBUTION MADE U/S 80G TO RAMAKRISHNA MISSION .
IS THE FULL AMOUNT ELIGIBLE FOR DEDUCTION.




TARIQUE RIZVI
26 July 2020 at 10:37

Online filing of TDS Return

TAN : PNES40353F

Dear Friends

My TAN IS PNES40353F

I want to file online TDS Return on this TAN but it is not accepting. Is there anybody who can help me please. When I start logging it is responding that user id does not exist. Please help me. I can send fvu file to you if want to help me please.












Satyam
26 July 2020 at 09:26

TDS us 194N

Tds deducted u/s 194N but this not my income, at the time of bifurcation of tds under which head it will be shown?
If I choose other sources then it will be taxed and 2nd option is exempt income.
Should I proceed with exempt income


TARIQUE RIZVI

Dear Friends
Rgds to all of you

My query is as follows: .

As we have to register our TAN and therefore we choose the category of tax deductor and collector but just after feeding TAN PNES40353F it is showing as follows:

1-Register with Traces
2-Login to Traces
3-Post login use the option register with e-filing

We are already registered on Traces and now in such case what should we do ?

Please guide me and oblige.


Barren Doe
25 July 2020 at 23:05

F&O Loss

Hi
I have made F&O Loss for the Financial year 2019-20. I don't want to set off or carry forward the loss -

1. Do I still need to show the loss in income tax filling?
2. Since I don't want to set off or carry forward the loss for future do I have to still go through Audit process.

Appreciate experts help please.


Husen A. Dela

Hello Experts,

I withdrawn Rs.1,12,000/- from recognised provident fund after completing five years of service.
This 1,12,000/- includes employee's share, employer's share and interest.
My query is that while filling ITR-1 which amount i have to mention in exempted income (i.e. employee's share or employer's share or interest)







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